As you know RIM last Thursday announced continued earnings growth but warned on the potential for future pressure on margins - At the open on Friday the stock torpedoed but the broader stock indices shrugged off the bad news and continued higher.
The shares of competitor Apple Inc. are now higher than last Thursday's close
Lets us have some fun with a skill test to see if you can spot the early warnings of a RIM torpedo by spotting the early signs of negative price divergence as set up in an Apple over RIM weekly chart
Apple is stronger than RIM as measured from A to B, C to D or D to E
RIM is weaker than Apple as measured from A to B, C to D or D to E
Which stock would you buy - right now?
To learn the correct answer attend our Technical Analysis Level 1 or 2 seminar - to register go to: http://www.gettingtechnical.com/07_seminars/index.shtml
Two Smartphone Bellwethers
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